Ground Lease Opportunity – Retail Development

Property Description
Located at the intersection of PR-20 and A Street in Los Frailes, Guaynabo, this approximately 27,914.15 SM land site presents a prime opportunity for retail-focused development within one of the most active commercial corridors in the San Juan metropolitan area.

The property is zoned C-2, allowing for a broad range of commercial uses, with retail development identified as the highest and best use. Its corner positioning along PR-20 provides strong visibility, direct access, and excellent connectivity to major metro routes and surrounding municipalities.

The site benefits from full urban utility infrastructure and is situated within a well-established mixed-use environment that supports commercial growth. The surrounding corporate and business ecosystem in Guaynabo includes Johnson & Johnson, Grupo Novus Inc, The PHOENIX Company, Inc, and MM Packaging Guaynabo, reinforcing strong daytime activity and sustained demand for retail and service-oriented development.

The property is also adjacent to SuperMax and within close proximity to Plaza Guaynabo, surrounded by established fast-food operators, retail stores, office users, and service-based businesses that generate consistent traffic throughout the day. Over half a million square feet of retail space in the immediate vicinity.

Its size and configuration offer flexibility for a variety of development concepts, making it well suited for investors and developers targeting a high-traffic retail or mixed-use project in a central metro location.

Location Description
The property is located in Los Frailes, Guaynabo, an established urban and commercial sector within the San Juan metropolitan area known for strong accessibility and consistent commercial activity.

Direct access to PR-20 places the site minutes from PR-22 and PR-2, providing efficient regional connectivity to San Juan, Bayamón, and surrounding municipalities. The area benefits from nearby residential neighborhoods, office users, and established retail destinations that support steady daytime and evening traffic. Plaza Guaynabo serves as a major nearby commercial hub, featuring retail, dining, office, and service tenants, along with surrounding fast-food operators and national retailers. The site is directly adjacent to SuperMax and is surrounded by active commercial uses that reinforce strong consumer draw and visibility.

Guaynabo has the highest median household income in Puerto Rico and ranks first statewide in per capita income, reflecting a concentration of high-income households and strong consumer purchasing power. This affluent demographic profile supports premium retail brands, higher-ticket concepts, and drive-thru-oriented operators seeking access to a well-established customer base.

With a population of approximately 89,000 residents and a density of roughly 3,000 residents per square mile, the Guaynabo trade area is one of Puerto Rico's strongest retail markets. The municipality combines exceptional household incomes, dense residential communities, high educational attainment, and significant commuter traffic, creating favorable conditions for quick-service restaurants, fast-casual dining concepts, retail operators, and service-oriented businesses.

The property is also less than one mile from the Guaynabo urban core, approximately 3.2 miles from San Patricio Plaza, and about 5.7 miles from the San Juan Central Business District.

Guaynabo continues to attract retail and mixed-use investment due to its central location, strong demographics, and proximity to major employment centers, including Johnson & Johnson, Grupo Novus Inc., The PHOENIX Company, Inc., and MM Packaging Guaynabo, along with the broader San Juan metropolitan corporate corridor.

Highlights
Approx. 27,914.15 SM | 6.90 Acres | 7.10 Cuerdas
Zoned C-2 for commercial development
Corner location at PR-20 & A Street, Los Frailes, Guaynabo
Strong retail development potential (highest and best use)
High visibility and direct access from PR-20
Traffic Counts (Nearby Billboard Locations):
- San Patricio: 67,000–68,000 vehicles/day
- Torrimar Exit: 75,000–78,000 vehicles/day (peak of 90,000 vehicles/day)
- Plaza Guaynabo: 43,000–47,000 vehicles/day
Adjacent to SuperMax and near Plaza Guaynabo
Surrounded by fast-food, retail, office, and service tenants
Full urban utility infrastructure available
Established commercial and residential surrounding area
Minutes from PR-22, PR-2, and San Juan CBD
Proximity to Johnson & Johnson, Grupo Novus Inc, The PHOENIX Company, Inc, and MM Packaging Guaynabo
Strong daily traffic from surrounding commercial nodes
Flood Zone: X
Tax Code Number: 114-003-027-11-000
Coordinates: Lat: 18.37213505, Lon: -66.10979023